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Canadian Armed Forces pick Telesat (TSAT) Lightspeed for Arctic Mil-Ka connectivity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Telesat Corporation filed a Form 6-K describing an agreement in principle between its subsidiary Telesat LEO ULC and Canada’s Defence Investment Agency. The deal would provide secure Military Ka-band connectivity across Canada’s Arctic for the Enhanced Satellite Communications Project – Polar (ESCP-P) program.

The planned solution includes Mil-Ka coverage from 65 to 90 degrees North latitude plus end-to-end services such as user terminals, ground and control infrastructure, training, and support. The agreement remains subject to execution of a definitive contract in the coming weeks. Telesat states that this agreement and the anticipated contract will not change the planned Telesat Lightspeed global service launch in Q1 2028.

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Arctic coverage latitude 65–90 degrees North Planned Mil-Ka connectivity coverage for Canadian Armed Forces
Lightspeed service start Q1 2028 Telesat Lightspeed global service delivery timeline remains unchanged
Form type Form 6-K Report of Foreign Private Issuer for July 2026
Enhanced Satellite Communications Project – Polar (ESCP-P) technical
"to deliver secure Military Ka-band (Mil-Ka) Arctic connectivity ... for the Enhanced Satellite Communications Project – Polar (ESCP-P) program"
Military Ka-band (Mil-Ka) technical
"Telesat Lightspeed services to deliver secure Military Ka-band (Mil-Ka) Arctic connectivity to the Canadian Armed Forces"
Low Earth Orbit (LEO) technical
"Telesat Lightspeed, the company’s state-of-the-art Low Earth Orbit (LEO) satellite network, has been optimized"
Low Earth Orbit (LEO) is the region of space close to Earth, roughly up to 2,000 kilometers above the surface, where most communication, imaging and weather satellites operate. It matters to investors because it is a fast-growing commercial zone — think of it as a crowded highway for satellites — creating opportunities in satellite manufacturing, launch services, broadband and data analytics while also bringing risks from congestion, debris, regulatory licensing and intense competition.
agreement in principle financial
"announced that it has reached an agreement in principle with Canada’s Defence Investment Agency"
forward-looking statements regulatory
"This news release contains statements that are not based on historical fact and are “forward-looking statements’’"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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FAQ

What did Telesat (TSAT) announce in its July 2026 Form 6-K?

Telesat reported an agreement in principle with Canada’s Defence Investment Agency for Telesat Lightspeed services. The deal focuses on secure Military Ka-band connectivity for the ESCP-P Arctic communications program and remains subject to signing a definitive contract in the coming weeks.

How will Telesat Lightspeed support the Canadian Armed Forces under the ESCP-P program?

Telesat Lightspeed is expected to provide secure Mil-Ka-band connectivity across Canada’s Arctic region from 65 to 90 degrees North. The project also covers end-to-end network integration, including user terminals, ground and control infrastructure, training, and ongoing support services for the Canadian Armed Forces.

Is the Telesat ESCP-P agreement already a binding contract for TSAT?

The announcement describes an agreement in principle, not yet a binding definitive contract. Telesat states the parties expect to execute a definitive agreement in the coming weeks, after which the company plans to share more detailed information about the financial impact of the arrangement.

Will the ESCP-P Arctic agreement change Telesat Lightspeed’s service timeline?

Telesat states that the ESCP-P agreement and anticipated definitive contract will not affect its global service delivery schedule. The company reiterates that Telesat Lightspeed remains on track to begin global service in Q1 2028, despite this new Canadian Armed Forces-focused agreement.

What financial details did Telesat (TSAT) provide about the ESCP-P agreement?

Telesat did not disclose specific financial figures for the ESCP-P Mil-Ka-band agreement. The company says it intends to share more detailed information about the expected financial impact after a definitive contract with Canada’s Defence Investment Agency is executed in the coming weeks.

What risks does Telesat highlight in connection with this ESCP-P agreement?

Telesat notes forward-looking statement risks, including the ability to conclude definitive ESCP-P agreements, access capital for its LEO constellation, satellite construction and launch risks, regulatory approvals, competition from other LEO systems, and broader financial market, interest rate, and foreign exchange uncertainties.

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16
Under the Securities Exchange Act of 1934

 

For the Month of July 2026

 

Commission File No.: 001-41083

 

 

 

TELESAT CORPORATION
(Name of Registrant)

 

 

 

160 Elgin Street, Suite 2100, Ottawa, Ontario, Canada K2P 2P7
(Address of Principal Executive Office)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒            Form 40-F ☐

 

 

 

 

 

EXHIBITS

 

The following information is furnished to the Securities and Exchange Commission as part of this report on Form 6-K:

 

Exhibit No.   Document
99.1   Press Release dated July 8, 2026 – “Canadian Armed Forces selects Telesat Lightspeed for Mil-Ka-band component of ESCP-P Arctic military communications program”

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  TELESAT CORPORATION
   
Date: July 8, 2026 By: /s/ STEFANO TAUCER
  Name: Stefano Taucer
  Title: Vice President, General Counsel and Secretary

 

2

 

Exhibit 99.1

 

 

Canadian Armed Forces selects Telesat Lightspeed for Mil-Ka-band component of ESCP-P Arctic military communications program

 

OTTAWA, CANADA – July 8, 2026 – Telesat LEO ULC, a subsidiary of Telesat Corporation (Nasdaq and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced that it has reached an agreement in principle with Canada’s Defence Investment Agency for Telesat Lightspeed services to deliver secure Military Ka-band (Mil-Ka) Arctic connectivity to the Canadian Armed Forces for the Enhanced Satellite Communications Project – Polar (ESCP-P) program.

 

This agreement builds on the Strategic Partnership Agreement announced in late 2025 between the Defence Investment Agency, Telesat, and MDA Space for the ESCP-P program and reflects Canada’s strategy to leverage commercial expertise and innovations to accelerate delivery of critical sovereign capabilities. Telesat expects to deliver a comprehensive solution to the Canadian Armed Forces (CAF), including secure, Mil-Ka connectivity across Canada’s Arctic region, spanning 65 degrees to 90 degrees North latitude. The program will also include end-to-end network integration services, including user terminals, ground and control infrastructure, training, and support services.

 

“We commend the Canadian Armed Forces, the Defence Investment Agency, and the Government of Canada for their forward-looking approach to securing critical military communications capabilities,” said Dan Goldberg, Telesat’s President and CEO. “By leveraging commercial innovation and investments, Canada will accelerate access to secure, advanced, resilient and sovereign connectivity while driving meaningful cost efficiencies in program delivery. Telesat Lightspeed will help strengthen the CAF’s ability to maintain persistent communications, operational awareness and mission success across the strategically vital Arctic domain.”

 

The above agreement is subject to the execution of a definitive contract by the parties, which Telesat expects to be completed in the coming weeks. Following execution, Telesat intends to share more detailed information about the expected financial impact of this agreement. This agreement, as well as the anticipated definitive contract, will not impact the timing of Telesat Lightspeed global service delivery, which remains on track for Q1 2028.

 

 

 

About Telesat

 

Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat (Nasdaq and TSX: TSAT) is one of the largest and most innovative global satellite operators. Telesat works collaboratively with its customers to deliver critical connectivity solutions that tackle the world’s most complex communications challenges, providing powerful advantages that improve their operations and drive profitable growth.

 

Continuously innovating to meet the connectivity demands of the future, Telesat Lightspeed, the company’s state-of-the-art Low Earth Orbit (LEO) satellite network, has been optimized to meet the rigorous requirements of telecom, government, maritime and aeronautical customers. Telesat Lightspeed will redefine global satellite connectivity with ubiquitous, affordable, high-capacity, secure and resilient links with fibre-like speeds. For updates on Telesat, follow us on LinkedIn, X, or visit www.telesat.com.

 

 

 

Media Contacts:

 

Monique Scotti

pr@telesat.com

 

W2 Communications for Telesat

telesat@w2comm.com

 

 

 

 

Forward-Looking Statements Safe Harbor

 

This news release contains statements that are not based on historical fact and are “forward-looking statements’’ and “forward looking information” within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities laws. When used herein, statements which are not historical in nature, or which contain the words “will,” “expect,” “anticipate,” or similar expressions, are forward-looking statements. In addition, Telesat or its representatives have made or may make forward-looking statements, provide forward looking information, orally or in writing, which may be included in, but are not limited to, various filings made from time to time with the U.S. Securities and Exchange Commission (“SEC”) and Canadian securities regulatory authorities, and news releases or oral statements made with the approval of an authorized executive officer of Telesat. All statements made in this news release are made only as of the date set forth at the beginning of this news release. Telesat undertakes no obligation to update the statements made in this news release in the event facts or circumstances subsequently change after the date of this news release.

 

These forward-looking statements and this forward-looking information are not guarantees of future performance, are based on Telesat’s current expectations, and are subject to a number of known and unknown risks, uncertainties assumptions, and other factors, some of which are beyond Telesat’s control, are difficult to predict, and could cause actual results to differ materially from those expressed, forecasted or implied in the forward-looking statements and forward-looking information.

 

Known risks and uncertainties include but are not limited to: ability to conclude negotiations and enter into definitive agreements relating to the ESCP-P program, risks associated with financial factors, including swings in the global financial markets, access to capital to construct our LEO satellite constellation and the ability to refinance Telesat Canada’s debt, the outcome of litigation related to Telesat Canada’s debt and the 62% equity distribution, volatility of securities values in an industry sector where values may be influenced by economic and other factors beyond Telesat’s control, inflation, rising or prolonged elevated interest rates, fluctuations in foreign exchange rates, and tariffs; risks associated with operating satellites and providing satellite services, including satellite construction or launch delays, launch failures, in-orbit failures, impaired satellite performance or dependence on large customers; the ability to successfully deploy an advanced global LEO satellite constellation and the timing of any such deployment; Telesat’s ability to meet the conditions for advance of the loans under the funding agreements for the constellation; technological hurdles, including Telesat’s and Telesat’s contractors’ development and deployment of the new technologies required to complete the constellation in time to meet Telesat’s schedule, or at all; the availability of services and components from Telesat’s and Telesat’s contractors’ supply chains; competition, including with other LEO systems, deployed and yet to be deployed; risks associated with domestic and foreign government regulation, including government restrictions and regulations, access to sufficient orbital spectrum to be able to deliver services effectively and access to sufficient geographic markets in which to sell those services; Telesat’s ability to develop significant commercial and operational capabilities; and the ability to expand Telesat’s existing satellite utilization. The foregoing list of important factors is not exhaustive. Investors should review the other risk factors discussed in Telesat Corporation’s annual report on Form 20-F for the year ended December 31, 2025 that was filed on March 17, 2026 with the SEC and the Canadian securities regulatory authorities at the System for Electronic Document Analysis and Retrieval+ (“SEDAR+”), and may be accessed on the SEC’s website at www.sec.gov and SEDAR+’s website at www.sedarplus.ca.

 

 

Filing Exhibits & Attachments

1 document